How Small Business CRM Can Help You Compete Being Small

Published: 16th June 2011
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Small business does not always mean problems come in small, too. Fact is, it could be extremely challenging being in a small business. Because of limited resources smaller business owners can feel very vulnerable to larger competitors, who have the ability to crush them at any time with their greater manpower and inflated marketing budgets.

To survive you need to be able to do more with less. To manage people, resources and targets effectively many small businesses are turning to software to address the need. When used correctly, returns can be doubled without requiring additional manpower.

Smaller or new start-up businesses can make use of an excellent free resource such as Small Business CRM. Jam-packed with automated marketing functionality, Small business CRM helps you improve efficiency with business processes by generating, converting and nurturing new leads. You are assured that your staff are working to their maximum potential, therefore sales productivity is maximised by using a Small business customer relationship management system. What's more, these systems offer advanced reporting and tracking which helps you determine which marketing activities are profitable so you can manage your limited marketing resources properly


1.Generating, converting and nurturing your leads

Your prospect either buys from you or from your competitor. And if they do, they will not do it right away. Normally, a prospective buyer will start looking for information and solutions long before they are ready to take the plunge. With internet so readily available, buyers are inclined to research available solutions to their problem thoroughly before making a decision. Impeccable timing is therefore important in this stage. Making yourself visible in the decision-making stage is important. You can offer your product and service in a non-threatening way through the use of free information such as guides, reports, eBooks, consultations and other aides. By doing so, you will increase your chances of winning their trust and ultimately their business.

Through the automated processes of Small business CRM, you can convert leads by "staying in contact" and influence purchasing power decisions.You can set automated or timed marketing initiatives that will provide information or messages that are relevent to these clients . Use auto- responders to trigger marketing campaigns based on certain lead actions. If they submitted the "request a consultation" form on your web site, trigger a campaign that will automatically alert sales, sync the new lead to your CRM and send the lead a "thank-you" email .


Let's say you've earned their trust and their business, so this is now where client nurturing comes in. One way to nurture clients is through after-sales campaigns.To enhance your existing customer's satisfaction, automated campaigns can be used to touch base with every one of them and making sure that they are happy. For example, you can send out satisfaction surveys to your new clients after a couple of months or send out monthly product tips for the carpet they bought from you--- all in an automated fashion.Sending them informative articles relevant to carpet care such as how to remove stains, stain-removal agents, etc will help them address issues that are not far from happening.If you want future up-selling and cross-selling opportunities, taking extra care of your existing customers will make a huge difference for future up-selling and cross-selling opportunities.One way to win customer loyalty and have the opportunity to win your client's connections is to be a good resource for valuable information.

2.Cut down time while maintaining efficiency

One factor that hinders efficency is limited manpower resources.Being efficient can be done with even with small businesses if you're armed with a powerful tool . A Small business CRM can help you in a number of ways. For instance, task alerts can be automated to help you cut down time, manage priorities and ensure that no essential sales activities are missed.

As an owner or supervisor in small business, you can take things a step further . A few Small business CRMs give you the power to assign tasks to your team members from a central system and track the completion of those tasks from your own CRM dashboard. So you can assign the management of a client and all associated tasks to a team member with a click of a button instead of manually delegating and communicating tasks. This will guarantee that no crucial appointments, call or deadlines are missed because these assignments are populated into your staff members' calendar and set to remind them automatically. You can work with your team regardless of their location, review their progress in real time and not miss a scheduled task because all relevant data is shared.

With Small business CRM, you can make your client contact more targeted. Campaigns are also laser-targeted with a CRM system in minutes. You can also give your customers a very personal feel by being creative enough to get to know your client database. In essence, Small business CRM is perfect for campaign automation such as planning follow-ups ahead of time and execute them when needed.

3.Maximize sales productivity

Marketing campaigns are pretty costly, so in order to better allocate your limited resources you need to ensure that your sales agent focus on "hot" leads that are ready to buy.Your Small business CRM will help you sort hot from cold leads so you avoid draining your resources on leads that have the least potential and end up missing out on the good leads.

Small business CRM enables you to schedule automated follow-up campaigns on leads that are sorted and filtered. Having identified these high potential leads you can then implement an automated follow up campaign email such as thank you notes to signal your leads that you are now ready for the purchasing process . You can be a little more persuasive by sending a series of emails based on your contacts activities to remind them to read their emails or visit their website. Finally you can identify prospects who have proceeded through all your pre-purchase information and might just need a friendly follow up call to close the deal.

4.Measuring your marketing initiatives

When you have a limited marketing budget you need to spend it wisely. Knowing where and how to allocate your money for sales and marketing is one of the key challenges for small to medium-sized businesses. Consolidating your marketing initiatives may pose a challenge, too as different marketing media like blogs, email, print, social media operate on different channels.No more manual consolidation or matching one data against another.This allows you to identify which marketing media brings in the most value. This allows you to cut the fat and focus resources on those with high-return activities instead. Trending and forecasting is another feature of your Small business CRM which allows you to focus your sales and marketing efforts on the most qualified leads based on marketing trends. Measuring customer readiness can be based on activities such as product inquiries either by phone or email, pricing inquiries, web visits, size of his organisation, revenue. etc

Integrated reporting is another key feature your Small Business CRM can offer. This functionality gives graphical reports on how you are progressing in the last quarter, for example, or which campaigns are effective, which customer type brings in the most sales, etc. This aids you in measuring and understanding your business performance in just a few keystrokes.

Being in a small business is no excuse to sit back, be complacent and just wait for the giant wave of competition to drown you to oblivion. Small business CRM will be your giant wave that will take you to the greater heights of your business. Your business may be small or new, but you can be bold and take a great leap with your Small business CRM and be assured of success. You will be surprised that great things can come out of such a small package.


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